Aegon N.V. provides insurance, pensions, and asset management services in the Americas, Europe, and Asia. More Details
Very undervalued with solid track record.
Share Price & News
How has Aegon's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AGN is not significantly more volatile than the rest of Dutch stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: AGN's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AGN exceeded the Dutch Insurance industry which returned -12.2% over the past year.
Return vs Market: AGN underperformed the Dutch Market which returned 5.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Aegon's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StA Look At Aegon's (AMS:AGN) Share Price Returns
1 month ago | Simply Wall StShould You Buy Aegon N.V. (AMS:AGN) For Its Dividend?
2 months ago | Simply Wall StIs Aegon N.V. (AMS:AGN) Popular Amongst Institutions?
Is Aegon undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AGN (€3.55) is trading below our estimate of fair value (€8.97)
Significantly Below Fair Value: AGN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AGN is good value based on its PE Ratio (8.6x) compared to the XE Insurance industry average (12.5x).
PE vs Market: AGN is good value based on its PE Ratio (8.6x) compared to the Dutch market (26.6x).
Price to Earnings Growth Ratio
PEG Ratio: AGN is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: AGN is good value based on its PB Ratio (0.3x) compared to the XE Insurance industry average (1x).
How is Aegon forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGN's forecast earnings growth (21.8% per year) is above the savings rate (0.2%).
Earnings vs Market: AGN's earnings (21.8% per year) are forecast to grow slower than the Dutch market (27.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AGN's revenue is expected to decline over the next 3 years (-2.4% per year).
High Growth Revenue: AGN's revenue is forecast to decline over the next 3 years (-2.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AGN's Return on Equity is forecast to be low in 3 years time (5.7%).
How has Aegon performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGN has high quality earnings.
Growing Profit Margin: AGN's current net profit margins (2.4%) are higher than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: AGN's earnings have grown significantly by 30.4% per year over the past 5 years.
Accelerating Growth: AGN's earnings growth over the past year (102.1%) exceeds its 5-year average (30.4% per year).
Earnings vs Industry: AGN earnings growth over the past year (102.1%) exceeded the Insurance industry -6.8%.
Return on Equity
High ROE: AGN's Return on Equity (3.6%) is considered low.
How is Aegon's financial position?
Financial Position Analysis
Short Term Liabilities: AGN's short term assets (€66.9B) exceed its short term liabilities (€30.6B).
Long Term Liabilities: AGN's short term assets (€66.9B) do not cover its long term liabilities (€387.3B).
Debt to Equity History and Analysis
Debt Level: AGN's debt to equity ratio (42.6%) is considered high.
Reducing Debt: AGN's debt to equity ratio has reduced from 53.1% to 42.6% over the past 5 years.
Debt Coverage: AGN's debt is not well covered by operating cash flow (5%).
Interest Coverage: AGN's interest payments on its debt are not well covered by EBIT (2.1x coverage).
What is Aegon current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AGN's dividend (3.38%) is higher than the bottom 25% of dividend payers in the Dutch market (1.79%).
High Dividend: AGN's dividend (3.38%) is low compared to the top 25% of dividend payers in the Dutch market (4.79%).
Stability and Growth of Payments
Stable Dividend: AGN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AGN has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.4%), AGN's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AGN's dividends in 3 years are forecast to be well covered by earnings (35.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lard Friese (58 yo)
Mr. E. Friese also known as Lard, serves as Chief Executive Officer and Chairman of the Executive Board at AEGON N.V since May 15, 2020. Mr. Friese served as Chair of the management and Chief Executive Off...
|CFO & Member of the Executive and Management Board||3.67yrs||€1.74m||0.0039% |
|CEO & Chairman of Management Board||0.67yr||no data||0.0018% |
|CEO of Aegon International & Member of the Management Board||12.58yrs||no data||no data|
|CEO of Aegon Americas & Member of the Management Board||11yrs||no data||no data|
|Global Head of Human Resources & Member of the Management Board||4.42yrs||no data||no data|
|Chief Risk Officer & Member of the Management Board||5yrs||no data||no data|
|General Counsel||4.42yrs||no data||no data|
|Global CTO & Member of the Management Board||4.42yrs||no data||no data|
|CEO of Aegon the Netherlands & Member of the Management Board||1.25yrs||no data||no data|
|Global CEO of Aegon Asset Management & Member of Management Board||1.58yrs||no data||no data|
|CEO of Aegon UK & Member of Management Board||0.83yr||no data||no data|
|Chief Transformation Officer & Member of Management Board||0.33yr||no data||no data|
Experienced Management: AGN's management team is considered experienced (4 years average tenure).
|Independent Supervisory Board Member||7.67yrs||€158.00k||0.00066% |
|Independent Member of Supervisory Board||0.67yr||no data||no data|
|Independent Supervisory Board Member||5.67yrs||€103.00k||0.0012% |
|Independent Supervisory Board Member||3.67yrs||€115.00k||no data|
|Independent Supervisory Board Chairman||2.67yrs||€169.00k||no data|
|Board Observer||0.25yr||no data||no data|
|Independent Supervisory Board Vice Chairman||4yrs||€123.00k||no data|
|Independent Supervisory Board Member||0.67yr||no data||no data|
Experienced Board: AGN's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.
Aegon N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Aegon N.V.
- Ticker: AGN
- Exchange: ENXTAM
- Founded: 1983
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: €7.179b
- Shares outstanding: 2.02b
- Website: https://www.aegon.com
Number of Employees
- Aegon N.V.
- Aegonplein 50
- The Hague
- 2591 TV
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AEG||NYSE (New York Stock Exchange)||AMER REGD CERT(1 SH EUR0.12)||US||USD||Jun 1985|
|AEG N||BMV (Bolsa Mexicana de Valores)||AMER REGD CERT(1 SH EUR0.12)||MX||MXN||Jun 1985|
|AENF||DB (Deutsche Boerse AG)||AMER REGD CERT(1 SH EUR0.12)||DE||EUR||Jun 1985|
|AENF||XTRA (XETRA Trading Platform)||AMER REGD CERT(1 SH EUR0.12)||DE||EUR||Jun 1985|
|0Q0Y||LSE (London Stock Exchange)||Yes||Common Shares||GB||EUR||Jul 1988|
|AEND||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 1988|
|AGN||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Jul 1988|
|AGN||ENXTAM (Euronext Amsterdam)||Yes||Common Shares||NL||EUR||Jul 1988|
|AEGO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 1988|
|AGN||BIT (Borsa Italiana)||Yes||Common Shares||IT||EUR||Jul 1988|
|AEND||XTRA (XETRA Trading Platform)||Yes||Common Shares||DE||EUR||Jul 1988|
|AGNA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||EUR||Jul 1988|
|AGN||WBAG (Wiener Boerse AG)||Yes||Common Shares||AT||EUR||Jul 1988|
Aegon N.V. provides insurance, pensions, and asset management services in the Americas, Europe, and Asia. Its insurance products include life, accident, and health insurance; property and casualty insuranc...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/21 21:01|
|End of Day Share Price||2021/01/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.